<h1>Digital wealth platform launches academy to train mutual fund distributors amid India's advisor shortage</h1> A digital wealth management platform launched an academy to train mutual fund distributors, addressing India's shortage of qualified advisors. The company partnered with a former mutual fund managing director who has four decades of financial services experience. The initiative aims to improve India's low mutual fund penetration rate of 3% compared to global averages. The academy offers structured certification programs with live instruction, focusing on ethical advisory principles and client relationship building. Industry leaders support the initiative, emphasizing the need for tech-driven platforms to expand capital markets and promote long-term thinking among distributors.